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Sony May Sell Masters of the Universe Movie To Netflix

Sony is contemplating promoting its slow-developing live-action Masters of the Universe film reboot to Netflix slightly than releasing it in theaters. The studio acquired the rights to make a He-Man film from Warner Bros. in September 2009, however within the ten years since then the undertaking has largely stalled in pre-production, with administrators like Jon M. Chu, McG, and David Goyer coming and getting into that point. It’s nearer than ever to occurring now, although, with The Nee Brothers (Band of Robbers) set to direct from a script by Iron Man writers Art Marcum and Matt Holloway.

With a March 2021 launch date in place, Masters of the Universe has the potential to provide Sony a brand new hit franchise at a time when it may use one. The studio has revived a number of of its largest properties because it misplaced the distribution rights to James Bond, however up to now their technique has yielded combined returns. This summer season’s Spider-Man: Far From Home was an unsurprising hit for the studio, however its mushy reboot Men in Black: International was a expensive disappointment, and its animated sequel The Angry Birds Movie 2 grossed lower than half of what its predecessor did in August.

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Related: The 25 Best Films on Netflix Right Now

With Masters of the Universe being removed from a certain guess, it seems Sony is contemplating handing the undertaking off to Netflix for assured money as an alternative. THR‘s sources say the talks are early however ongoing, with the newly-set Sony Pictures Motion Picture Group co-president Sanford Panitch overseeing the negotiations for the studio. It would not be the primary time Sony lately offered off an IP both, seeing as they solely simply made a deal to maneuver the Harbinger comedian ebook film over to Paramount final month.

Netflix would make sense as a brand new dwelling for Masters of the Universe, ought to Sony resolve to go that route. The streamer is already dwelling to the favored animated sequence She-Ra and The Princesses of Power (a reboot of the 1980s He-Man spinoff), and has Kevin Smith serving as showrunner on its upcoming revival of the unique He-Man and the Masters of the Universe cartoon sequence that led to 1985. Not to say, Masters of the Universe film star Noah Centineo made his identify showing within the YA Netflix rom-coms To All the Boys I’ve Loved Before, Sierra Burgess Is a Loser, and, most lately, The Perfect Date, and has a rising fanbase among the many streamer’s customers.

Even greater than its fellow streamers, Netflix is trying to step up its sport in the case of bigger-budgeted Original films, with THR reporting it needs to start out releasing a tentpole each quarter of the 12 months sooner or later. Something like Masters of the Universe can be a correct match for that demand, along with all the opposite causes listed already. The deal is much from carried out, by the sound of it, nevertheless it would not come as a shock if Sony and Netflix ultimately settled on an settlement over He-Man’s future in live-action in consequence.

NEXT: Upcoming Nostalgic Animation Reboots on Netflix

Source: THR

Key Release Dates

• Masters of the Universe (2021) launch date: Mar 05, 2021

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